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U.S. Equities Move Higher Amidst Brexit Voting

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U.S. equities futures were pointing higher Thursday as markets waited for the results of U.K.'s Brexit vote, expected well after the close of U.S. markets.

At 8:30 a.m. E.T., initial jobless claims are expected to sink back tightly to trend, down 7,000 in the June 18 week to a consensus 270,000, according to data compiled by Econoday. The range is between 268,000 and 272,000.

In other data, also at 9:45 a.m., the manufacturing PMI is expected to hold at a near standstill, barely above 50, at 51.0 for the June flash vs a final May reading of 50.7.

At 10:00 a.m., new home sales are forecast to fall back to 565,000 in May from 619,000 in April . The consensus range is between 500,000 and 610,000.

In equities Cleantech Solutions International ( CLNT ) shares were 36% higher after the manufacturer of textile dyeing equipment said its variable interest entity, Wuxi Huayang Dyeing Machinery, received a purchase order totaling RMB26.6 million ($4 million) for its high temperature air-flow dyeing machines from a textile manufacturer based in Hangzhou, China.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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